The management company selected by our developer is responsible for overseeing our estate. The development was completed around five years ago, and we have 47 homes, each contributing £1,000 annually. Despite numerous inquiries, they have been unable to clarify the whereabouts of our funds or the current status of the sinking fund for future replacements. We have yet to hold a single residents' annual general meeting. Recently, they failed to pay the gardening staff for reasons unknown to us. Residents' questions often remain unanswered for years. The majority of our community wishes to replace this management company. There are no resident directors, despite the governing documents indicating that there should be. It would be beneficial if the government intervened to eliminate management companies that fail to manage finances or take necessary actions. Our lawns are now overrun with weeds, as they have not been treated due to the complaint of one resident, while most of us desire well-maintained, weed-free lawns.
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Highly experienced UK property management agents providing services to Developers, Resident Management Companies (RMCs), homeowners and leaseholders.
